AMC 8 · 2005 · #2
Grade 6 arithmetic percentagemulti-digit-arithmeticfraction-multiplication identify-subproblems ↑ Prerequisites: multi-digit-arithmeticpercentage
📏 Short solution 💡 2 insights
Problem
Karl bought five folders from Pay-A-Lot at a cost of each.
Pay-A-Lot had a 20%-off sale the following day. How much could
Karl have saved on the purchase by waiting a day?
Pick an answer.
(A)
$\textdollar 1.00$
(B)
$\textdollar 2.00$
(C)
$\textdollar 2.50$
(D)
$\textdollar 2.75$
(E)
$\textdollar 5.00$
AMC 8 2005 problem © Mathematical Association of America (MAA AMC). Reproduced for educational use.
Try it yourself first — the explanation is most useful after you’ve attempted it.